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At the beginning of the second quarter, GE's power and renewable-energy business will be spun off as GE Vernova, while its remaining business will be relaunched as GE Aerospace. That follows the congl
General Electric plans to spin off GE Aerospace and introduce GE Vernova in Q2 2024, with GE Aerospace maintaining its listing on the NYSE. GE Aerospace specializes in commercial and military aircraft
The shares hit a new intraday 52-week high Tuesday.

Bull case for Aerospace in 2024

01:51pm, Tuesday, 19'th Dec 2023
Stephanie Link, Hightower chief investment strategist, joins CNBC's 'Halftime Report' to discuss her bull case for Aerospace.
General Electric's (GE) business unit, GE Vernova, inks a framework deal with Forestalia for the installation of 110 units of onshore wind turbines across Spain.
Coming into 2023, most economic pundits were calling for a recession. However, a resilient economy proved the doubters wrong, leading to an impressive market performance, with the S&P 500 up over 20%
The Halftime Investment Committee discusses BlackRock, General Electric, Palo Alto, Fortinet and Boeing.
Matthew Akers, Wells Fargo aerospace and defense research analyst, joins 'Money Movers' to discuss what's behind his latest investment thesis on General Electric, how the company's recent spin-off wil
Wells Fargo analyst Matthew Akers launched coverage of the shares with a $144 price target.
As grocers increasingly tap contextual commerce, Kroger is making it possible for consumers to place orders for ingredients directly from their ovens' touchscreens. GE Appliances announced Wednesday (
General Electric's (GE) unit GE Vernova's Gas Power business to upgrade gas turbines installed at Al Ahmadi, Kuwait-based 876 Megawatt Shuaiba North Power station.

GE led team wins £1B UK subsea link contract

02:22am, Wednesday, 13'th Dec 2023
General Electric (NYSE:GE) shares traded higher after it announced that a team led by its energy business GE Vernova has won a £1 billion contract to build the United Kingdom's first high-capacity e
As we head into the new year, the one of the biggest trends on many investors' minds is renewable energy. The trillion-dollar renewable energy industry is worth a close inspection.
General Electric (NYSE:GE) shares traded higher after it announced that a team led by its energy business GE Vernova has won a £1 billion contract to build the United Kingdom's first high-capacity e
At the end of 2022, global wind power generation accounted for roughly 7.33% of electricity production. However, the currency expansion rates still fall critically short of putting major nations on tr
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